179
179
Dec 19, 2012
12/12
by
CNBC
tv
eye 179
favorite 0
quote 0
bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did, bob. we did. got it. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. just a few minutes before we close out session, the volatility index is up better that be 10%. take a look. what does this tell you in the investor we bring into the conversation right now michael pento along with brian beleskey from bmo capital market. thanks so much for joining us. michael, what's your take on this volatility index? >> it's been a lousy investment. you can't buy volatility,
bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did, bob. we did. got it. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores....
272
272
Dec 26, 2012
12/12
by
CNBC
tv
eye 272
favorite 0
quote 1
this is what bob sounds like today. >> this is a different exchange here. >> not doing your imitation of david? >> what do you think that the seasonal factors are a major reason why the markets are holding up so well? if you look at the havens, gold, treasuries, for example, the dollar, there's no sign of panic in the haven. >> silver is down. you've seen a little bit of a lift in the vix, closer to 20. that's not bad, a normalization type of thing. treasuries have sold off a little bit. that means the patient is leaving the hospital. the patient was on intensive care earlier in the year back in june. the biggest day of the year was june 19th. that's the day of the second greek election when that guy came in who did not take them out of euro to. meet biggest things that happened this year were things that didn't happen. no greece exit, no china hard landing and no u.s. slipping into a recession. therefore, the market has been able to lift. >> the last thing that may not happen is the fiscal cliff resolution, too. that could throw an iron in the fire. we've all got to be mindful of the
this is what bob sounds like today. >> this is a different exchange here. >> not doing your imitation of david? >> what do you think that the seasonal factors are a major reason why the markets are holding up so well? if you look at the havens, gold, treasuries, for example, the dollar, there's no sign of panic in the haven. >> silver is down. you've seen a little bit of a lift in the vix, closer to 20. that's not bad, a normalization type of thing. treasuries have sold...
197
197
Dec 21, 2012
12/12
by
CNBC
tv
eye 197
favorite 0
quote 0
i wasn't being funny, bob. i know. >>> welcome back. intercontinental exchange and nyse are lower today at news of their $8 million merger. >> you get it, cold as ice? >> bob gets it. >> we never hesitate to play an old rock song from the '70s. i.c.e. is down 2.7%. i'll tell you why this is important. because you get a multiple of ice for your nyse shares, .17 shares of i.c.e., plus a tax component. as i.c.e. goes down, the money the nyse shareholders will get goes down. i.c.e. does not pay a dividend, but the nyse does. i.c.e. did commit to paying a dividend yesterday, $3 must know million is what they committed. that's very good news for nyse share hold erts. the second thing is, 28% premium for nyse shareholders. that premium is based on some significant cost energies. that's a fancy word for generally head count reduction. they were talking about $300 million in additional cost reduction on top of what they're already doing. so a lot of my friends up hstai at the nyse a little nervous about what that means for 2013. guys, back to yo
i wasn't being funny, bob. i know. >>> welcome back. intercontinental exchange and nyse are lower today at news of their $8 million merger. >> you get it, cold as ice? >> bob gets it. >> we never hesitate to play an old rock song from the '70s. i.c.e. is down 2.7%. i'll tell you why this is important. because you get a multiple of ice for your nyse shares, .17 shares of i.c.e., plus a tax component. as i.c.e. goes down, the money the nyse shareholders will get goes...
195
195
Dec 20, 2012
12/12
by
CNBC
tv
eye 195
favorite 0
quote 0
we did, bob. we did. got it. >>> welcome back. big announcement from the nyc euronext and i.c.e., confirming a merger deal. how does that impact your investment and your money? >> welcome to our guests. chezzy, i'll begin the conversation with you. you're down here on the floor of the stock exchange. what do you make of the news? >> it's a lot better than the one we could have had when nasdaq was looking at it a year ago. it's a pretty good fit, as most people mentioned. the future looks bright. a good niche. we're down here trading stocks and equities and trading options. the i.c.e. trades and futures and commodities. again, it's a pretty good fit. >> does it matter to you whether they keep the name new york stock exchange, a conversation we had at the very top of this program? >> no, i don't think so. >> really? >> that is -- that is the brand. >> i'm surprised that you would say that, to be honest, matt. >> you know what, in this world, they are changing everything and they are changing quickly. i think the nyse is the brand, b
we did, bob. we did. got it. >>> welcome back. big announcement from the nyc euronext and i.c.e., confirming a merger deal. how does that impact your investment and your money? >> welcome to our guests. chezzy, i'll begin the conversation with you. you're down here on the floor of the stock exchange. what do you make of the news? >> it's a lot better than the one we could have had when nasdaq was looking at it a year ago. it's a pretty good fit, as most people mentioned....
240
240
Dec 3, 2012
12/12
by
CNBC
tv
eye 240
favorite 0
quote 0
there's no evidence to suggest there is. >> what about that, bob? >> well, i have -- i have a dozen letters on my desk from the major autostating exactly what you said. the use of e-15 in vehicles prfshd prior to 2012 could cause damage to the engines. 95% of the driving public doesn't know what e-15 is. i have a question to ask my friend bob. >> very quickly. >> i have the e-15 retailers' handbook the rfa put out and it says in here some underground tank systems and equipment may not be compatible with e-15, some equipment and service stations both new and used demonstrated limited ability to safely accommodate exposure to e-15 and may violate fire codes. my question is -- >> real quick. what's your response to that? >> it doesn't -- if it isn't safe in your tanks, why would it be safe in our tanks? >> some tanks are pretty darn old. there's no mandate to use it. it's a consumer choice. there's only a handful of gas stations offering it today. ethanol is cheaper than gasoline. e-15 would be a cheaper fuel for some consumers that want to use it. >>
there's no evidence to suggest there is. >> what about that, bob? >> well, i have -- i have a dozen letters on my desk from the major autostating exactly what you said. the use of e-15 in vehicles prfshd prior to 2012 could cause damage to the engines. 95% of the driving public doesn't know what e-15 is. i have a question to ask my friend bob. >> very quickly. >> i have the e-15 retailers' handbook the rfa put out and it says in here some underground tank systems and...
186
186
Dec 18, 2012
12/12
by
CNBC
tv
eye 186
favorite 0
quote 0
right now to weigh in on cnbc contribute richard bernstein and jeff tanose of jpmorgan and our own bob pisani. gentlemen, thanks for joining us. rich, what do you think about fundamentals going into 2013, corporate sector, economics? >> i'm actually quite bullish about 2013. i think we're going to start getting, as the year goes on, easier comparisons for corporate profits. the corporate sector as we know is loaded for cash. i think when we get beyond this uncertainty and corporations have more certainty, i think we're going to see an m & a wave because they have underinvestmented for the future by hoarding all the cash so i think they will have to buy growth so i think 2013 could be a very good career. >> what do you think, joe? >> i agree. everything we've been dealing with the past year has been the uncertainty. is it europe, the election? is it the fiscal cliff, but as you go through those one by one, the election is now behind us. i do believe we'll have a resolution on the fiscal cliff and if you look at europe, the ecb put a gigantic band-aid on this so next year will be a big y
right now to weigh in on cnbc contribute richard bernstein and jeff tanose of jpmorgan and our own bob pisani. gentlemen, thanks for joining us. rich, what do you think about fundamentals going into 2013, corporate sector, economics? >> i'm actually quite bullish about 2013. i think we're going to start getting, as the year goes on, easier comparisons for corporate profits. the corporate sector as we know is loaded for cash. i think when we get beyond this uncertainty and corporations...
209
209
Dec 17, 2012
12/12
by
CNBC
tv
eye 209
favorite 0
quote 0
and bob, where has the money flow been? are you having any expectations of where the leadership in this market is in 2013? is this the same group, sam? >> no. i think what we're seeing first off is a muted v-shape recovery. where the bottom's occurring arounded the globe by the end of this year, first quarter of next. our belief is that we're likely to see growth by the industrials which traditionally or at least in the recent past have been underperformers. but have held up well during the most recent selloff. we still like consumer discretionary. they're getting pricey, but we think there's good stek kals behind them. and our belief is that here good growth, major pharmaceuticals likely to be improving their drug pipelines in the years ahead. and so in a sense you go cyclical as you enter into '13. >> the industrial move up is on the china has bottomed play. which is very, very prevalent and very popular right now. it's still kind of -- the jury is still out, but they're definitely buying recently in china. elsewhere you
and bob, where has the money flow been? are you having any expectations of where the leadership in this market is in 2013? is this the same group, sam? >> no. i think what we're seeing first off is a muted v-shape recovery. where the bottom's occurring arounded the globe by the end of this year, first quarter of next. our belief is that we're likely to see growth by the industrials which traditionally or at least in the recent past have been underperformers. but have held up well during...
182
182
Dec 10, 2012
12/12
by
CNBC
tv
eye 182
favorite 0
quote 0
>> we've got bob from s&p capital iq. steven wood and gordon shallop. great to have you all on the show. you normally get the priority of speaking first. what are you doing right now? >> right now we're anticipating for volatility. we knew it was going to be a volatile fourth quarter. there's a lot of policy induced volatility. that said, the economy in the united states has not changed that much. it's grinding along. that recovery we've been talking about for a long time. so it's measurably positive, not robustly positive. that's kind of doing battle with just about offsetting some of the policy risk. >> the fear is all that changes if we go over the cliff. >> it would. right now the forecast is there's some compromise. there's a short-term compromise. they buy time. and they use that to get the silhouette of a grand bargain. if they use the time well, the markets could like that. if we do go off the cliff, that's 8% of gdp. >> what's your expectation, bob? >> we put out a research saying the fiscal cliff was going to consume investors' attention until
>> we've got bob from s&p capital iq. steven wood and gordon shallop. great to have you all on the show. you normally get the priority of speaking first. what are you doing right now? >> right now we're anticipating for volatility. we knew it was going to be a volatile fourth quarter. there's a lot of policy induced volatility. that said, the economy in the united states has not changed that much. it's grinding along. that recovery we've been talking about for a long time. so...
245
245
Dec 24, 2012
12/12
by
CNBC
tv
eye 245
favorite 0
quote 0
was that the low, bob? >> no, not quite. we were just a little bit lower than -- take a look the a dow and i will show you. by the way, bonds collapse was the big call of 2012, and spectacularly wrong for a lot of people. but that's still on for a lot of people. there you see, just off of the lows there. maybe about 60-something is the bottom on the dow jones investment average. trading shortened by the holiday. material stocks led the way and of course some other stocks, consumer discretion is up. retailers add good day. crude was down. tech was down. microsoft had a tough day. there is concerns about sales of that windows 8 product. hewlett-packard on a down day. research a bit on the thin side. tjx, gap on the upside. nordstrom in the negative. on the intraday basis, five-month vies on the vix. finally if you look at your safe haven place, up on friday, gold and treasury and dollar, not much of a move many here that dollar index, i would check that number there on the dollar index but gold didn't do much and you can see t
was that the low, bob? >> no, not quite. we were just a little bit lower than -- take a look the a dow and i will show you. by the way, bonds collapse was the big call of 2012, and spectacularly wrong for a lot of people. but that's still on for a lot of people. there you see, just off of the lows there. maybe about 60-something is the bottom on the dow jones investment average. trading shortened by the holiday. material stocks led the way and of course some other stocks, consumer...
170
170
Dec 5, 2012
12/12
by
CNBC
tv
eye 170
favorite 0
quote 0
plus, we have bob from jones day who specializes in wall street deal making. jeff, it is ammo on wall street to do things behind closed doors. you don't want word to get out on the negotiations. it gets too messy. >> right. i wouldn't advocate for a lot of people to do what wall street does. one thing you can say is they've helped facilitate thousands of mna deals this year. they've figured something out with these transactions. the deals that are most successful have the better chance of success are the ones that you negotiate behind closed doors, not the ones that turn into hostile battles and spill out into public, which is what we're seeing noup. >> i understand that, but at the same time, what wh are we going to have a deal already? people are so frustrated by this. we've had 13 months to think about. now we're down to 26 days. bob, can you really make a deal on the fiscal cliff when the negotiation is out in public? do you think we'll get a deal done? that's what everybody wants to know. >> if everybody thinks we ought to get to a deal, we'll get to a de
plus, we have bob from jones day who specializes in wall street deal making. jeff, it is ammo on wall street to do things behind closed doors. you don't want word to get out on the negotiations. it gets too messy. >> right. i wouldn't advocate for a lot of people to do what wall street does. one thing you can say is they've helped facilitate thousands of mna deals this year. they've figured something out with these transactions. the deals that are most successful have the better chance of...
279
279
Dec 11, 2012
12/12
by
CNBC
tv
eye 279
favorite 0
quote 1
it looks as if the street is expecting some kind of deal, but as bob pisani's been saying, i'm wonder if it's a bite rumor and sell the fact situation. >> more negative now than when i came down here. >> that's not very encouraging. where's the hope "closing bell" is next. >> a government fractured, a market paralyze. a call to action our markets careen towards the sharp edge of the fiscal cliff. we've is asked our politicians to seem compromise and find a solution. the clock is ticking down. the stakes are getting higher. now we're turning up the pressure. this is a cnbc special report, "mission critical, rise above d.c." >> and we do welcome you to "closing bell." i'm bill griffith here at the new york stock exchange. hey, maria. >> hey there, bill. big rally where you are. i'm bartiromo coming today from the white house for our special coverage. stocks rallying on the on the missile that perhaps we are nearing a fiscal cliff deal. coming up we'll, find out from key lawmakers in the fiscal cliff negotiations how we can actually get a deal done before the deadline. representative chr
it looks as if the street is expecting some kind of deal, but as bob pisani's been saying, i'm wonder if it's a bite rumor and sell the fact situation. >> more negative now than when i came down here. >> that's not very encouraging. where's the hope "closing bell" is next. >> a government fractured, a market paralyze. a call to action our markets careen towards the sharp edge of the fiscal cliff. we've is asked our politicians to seem compromise and find a solution....
128
128
Dec 28, 2012
12/12
by
CNBC
tv
eye 128
favorite 0
quote 0
. >> bob coaching, right. >> the $1 trillion debt ceiling raised for $1 trillion of spending cuts, i think that's pretty good. i know we've heard it before. senator corker talked on the santelli exchange with me a week ago about it, but everyone is thinking about the debt ceiling, and i think that's where the meat is going to be, and the next three charts that we're showing are from august 5th of 2011 when s&p took away our aaa rating, and no matter how people remember it, the markets certainly didn't remember it at all. it didn't slow down the rally in the dollar, the stocks or any of the trade in the fixed income markets with yields dropping. >> we were talking about that issue on "street signs," rick. talking about andy brenner. the markets after a quick knee neck reaction kind of shrugged it off, right? >> i don't even remember. that's why i put it up. i heard andrew. i don't even remember a quick reaction the other way. it was totally ignored, and in some ways in stocks it was actually off to the markets. >> do you think the markets will be able to shrug it off again if it happe
. >> bob coaching, right. >> the $1 trillion debt ceiling raised for $1 trillion of spending cuts, i think that's pretty good. i know we've heard it before. senator corker talked on the santelli exchange with me a week ago about it, but everyone is thinking about the debt ceiling, and i think that's where the meat is going to be, and the next three charts that we're showing are from august 5th of 2011 when s&p took away our aaa rating, and no matter how people remember it, the...
201
201
Dec 20, 2012
12/12
by
CNBC
tv
eye 201
favorite 0
quote 0
i wasn't being funny, bob. i know. >>> welcome back. research in motion shares on the move after hours on the heels of the results that we told you about. they are being seen as better than expected. get to john fort first for the headlines and then we want to look at this stock, which last week, a couple of weeks ago at $6 a share. now we're looking at a stock above $15, john. >> yeah, above $15 for the first time since february, maria. and the results are this. revenue, a little bit better than expected at just about $2.7 billion. eps, nongap comes in at 22 cents. better than the 35 expected. but it's not all good news. the subscriber number ticked down to 79 million from 80 million last quarter. that's a key number people have been watching. and they sold 6.9 million phones, down from 7.4 million a quarter ago. but you know, it's this $950 million in cash generated from operations that's going to have the rimm bulls excited. and it appears they might be bottg
i wasn't being funny, bob. i know. >>> welcome back. research in motion shares on the move after hours on the heels of the results that we told you about. they are being seen as better than expected. get to john fort first for the headlines and then we want to look at this stock, which last week, a couple of weeks ago at $6 a share. now we're looking at a stock above $15, john. >> yeah, above $15 for the first time since february, maria. and the results are this. revenue, a...
147
147
tv
eye 147
favorite 0
quote 0
if you read some of bob woodward's books, which i have, i mean, the way bob woodward tells it, bob rubin, the treasury secretary for clinton, forced clinton to raise taxes but used that money for deficit reduction because he believed that would control the economy. president clinton did listen to him. and i'll tell you, i talked to bob rubin about that anecdote where clinton says you tell me a bunch of bond traders control the economy -- i'm paraphrasing -- and rubin said, yes, i am. i asked him about that once a couple years ago, and he said it was true. it wasn't as dramatic woodward made it out to be, but it did has happen. but you didn't get that out of geithner. you kind of don't think you'll get that out of lew. he's very much aligned intellectually with president obama particularly on the notion of fairnesses. you know, you talk to economistses. should we really be raising taxes now? no. hour hour tax increases, we're going to lose the deductions -- >> probably shouldn't be cutting that much. the economy is like in a very weird state right now, kind of like i think the notion is t
if you read some of bob woodward's books, which i have, i mean, the way bob woodward tells it, bob rubin, the treasury secretary for clinton, forced clinton to raise taxes but used that money for deficit reduction because he believed that would control the economy. president clinton did listen to him. and i'll tell you, i talked to bob rubin about that anecdote where clinton says you tell me a bunch of bond traders control the economy -- i'm paraphrasing -- and rubin said, yes, i am. i asked...
333
333
Dec 11, 2012
12/12
by
CNBC
tv
eye 333
favorite 0
quote 0
that's a negative for stocks >> you make a great point, bob. david, let me put that to you because it doesn't feel like this market is expecting no deal. if we go into year end and don't have a deal, how big of a disappointment will we seek from the markets? >> i think we got a taste of that, how it ends up shaping up to how the market will react. before, that we got a taste today with hair reid and saw the markets sell off 25 points pretty quick. as we head closer to christmas or the end of the year, closer to the brink, that could be 150 or 250 points so we've got some volatility ahead of us, and if they don't reach a deal, a significant selloff for the market. >> debra, what do you think in terms of market sentiment if no deal happens by year end? >> it's interesting, if we do go over the cliff, and some say let's go over the cliff. all these complaints about government spending too much, so let's just take it for what it's worth, go over the cliff and cut out that government spending, and i find it interesting that a lot of the same people
that's a negative for stocks >> you make a great point, bob. david, let me put that to you because it doesn't feel like this market is expecting no deal. if we go into year end and don't have a deal, how big of a disappointment will we seek from the markets? >> i think we got a taste of that, how it ends up shaping up to how the market will react. before, that we got a taste today with hair reid and saw the markets sell off 25 points pretty quick. as we head closer to christmas or...
186
186
Dec 5, 2012
12/12
by
CNBC
tv
eye 186
favorite 0
quote 0
don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know. >>> welcome back. we're talking with maya macguiness. let me get your take on this final question. number one, two-part question. do we need to cut medicare in terms of really getting our arms around the debt of this country? number two, if we don't get our arms around the debt and lower the debt and deficits of the u.s., what are the implications for our kids? what are the implications for the economy? give it to us straight. >> there's no question that the most important challenge for us to tackle here is controlling health care costs. medicare is at the center of it when it comes to the budget. we're going to have to do as much as possible to get
don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know. >>> welcome back. we're talking with maya macguiness. let me get...
154
154
Dec 28, 2012
12/12
by
CNBC
tv
eye 154
favorite 0
quote 0
bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did, bob. we did. got it. . >>> another day, another step closer to the edge. talking about the fiscal cliff, of course. how are traders protecting themselves from the worst? let's find out from brian stoutman, an expert in hedging your portfolio against volatility. brian, good to have you with us. how are traders like yourself looking to protect themselves? >> well, certainly midday we saw options traders in the pit buying protection against their portfolio or shorting the market by buying some puts. what they did is went into the spiders, and we saw a purchase of about 5,000 puts of the 141 strength for 2.35. these options expire in two weeks so they are weekly type options and saw a lot of activity. the vix spiked extremely hard in
bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did, bob. we did. got it. . >>> another day, another step closer to the edge. talking about the fiscal cliff, of course. how are traders protecting themselves from the worst? let's find...
293
293
Dec 6, 2012
12/12
by
CNBC
tv
eye 293
favorite 0
quote 0
i want to get to bob here with a look at the big moves before we take a break. over to you, bob. >> we hit the one-month high on the dow, maria, led by some of the tech stocks like ibm and intel. apple was the big story. we ended positive, but just barely. apple, $50 lost in the last two days. today, huge volume. 40 million shares. that's twice normal. company telling nbc, brian williams, they'll start building some mac computer lines here in the united states. big interview on that tonight. let's take a look at some of the computer hardware stocks. nice turn around. remember that disaster with dell and hewlett a few weeks ago? they've been moving up in the last several days. look at this move and this turn around. apple to the downside. all the others in the month of december to the up side. how about the airlines? new high for the airline index. jet fuel costs are low. capacity is constrained. i'm hearing booking is returning to normal after sandy, after a hit for them. those stocks up. u.s. airways up. southwest has been on fire recently. finally, the insurer
i want to get to bob here with a look at the big moves before we take a break. over to you, bob. >> we hit the one-month high on the dow, maria, led by some of the tech stocks like ibm and intel. apple was the big story. we ended positive, but just barely. apple, $50 lost in the last two days. today, huge volume. 40 million shares. that's twice normal. company telling nbc, brian williams, they'll start building some mac computer lines here in the united states. big interview on that...
199
199
Dec 3, 2012
12/12
by
CNBC
tv
eye 199
favorite 0
quote 0
what happened at the end of the day, bob? >> the important thing is we had a lot of buy-in balances but met with selling. the volume picked up, heading toward 650 million shares. i think heavier on the volume side. buy orders were matched with sell orders. we got a counterproposal on the fiscal cliff. the bad news is they are very far apart. the other thing, there's a dawning realization we're in a new era of austerity. american austerity is beginning in 2013 and that's beginning to dawn on a lot of people. >> gordon is with us. let me ask you the same question, what happened at the end of the day here? you had about almost a billion to buy and ended lower. tell us how the end of day finish and what you're expecting. >> end of days have been spectacular here. friday is the craziest closing identify seen down here for a long time. you've seen a lot of activity coming in for the liquidity event, posing imbalances not just being met but reversed. that's the order of trading of the day here going forward. if you look at the month
what happened at the end of the day, bob? >> the important thing is we had a lot of buy-in balances but met with selling. the volume picked up, heading toward 650 million shares. i think heavier on the volume side. buy orders were matched with sell orders. we got a counterproposal on the fiscal cliff. the bad news is they are very far apart. the other thing, there's a dawning realization we're in a new era of austerity. american austerity is beginning in 2013 and that's beginning to dawn...
141
141
Dec 27, 2012
12/12
by
CNBC
tv
eye 141
favorite 0
quote 0
don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know. we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and be
don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know. we believe the more you know, the better you trade. so we have ongoing...
165
165
Dec 4, 2012
12/12
by
CNBC
tv
eye 165
favorite 0
quote 0
joining us right now, keith springer, abbigail doolittle, and our own bob posani. keith, let me get your take on the cliff here and on what's to happen in terms of the markets. do you expect the economy to go over the fiscal cliff? what kind of reaction might we see in the market if that were to materialize? >> well, if we saw the market sell off in a big way, i don't think anybody believes we're going to go over the fiscal cliff. there will be some sort of resolution. they'll come up with some tax cuts, some breaks in spending, and probably kick the can down the road on a lot of it. i love the way this market is acting. it's not selling off with all the bad news, all the bickering, all the bad words on each side. you've got to love the way that this market is holding up here. doesn't mean investors need to be carefree, but overall, it looks like the market is setting up with a lot of negative sentiment out there. looks like there's a lot of opportunity for a big run higher once we get some form of resolution. i really believe we're going to get it. >> you think by
joining us right now, keith springer, abbigail doolittle, and our own bob posani. keith, let me get your take on the cliff here and on what's to happen in terms of the markets. do you expect the economy to go over the fiscal cliff? what kind of reaction might we see in the market if that were to materialize? >> well, if we saw the market sell off in a big way, i don't think anybody believes we're going to go over the fiscal cliff. there will be some sort of resolution. they'll come up...
257
257
Dec 12, 2012
12/12
by
CNBC
tv
eye 257
favorite 0
quote 0
with key private bank in cleveland and michael pento of pento portfolios, no idea where you are, and bob pisani on the floor of the new york stock exchange. what did you make, stephanie, of today's market action? you're the trader and follow the short-term swings. what was the message of the market do you think today? >> the message is the market is nothing is really going to change. interest rates will be low for an extended period of time. the fact that they tied the rates to unemployment, a little bit of a twist to the story, but it means that rates stay low. i think that the housing theme continues. i think that financials continue to work because even though you have a flat yield curve they are a beneficiary of the housing cycle, and away from all of this you focus on what happens internationally and china continues to recover. europe looks like it's stabilizing and we didn't change our strategy based on the news, just a little bit more of what you're doing. >> randy, anything change for you? >> no, not really. what we're watching is the parallels that occur now, where we stood with
with key private bank in cleveland and michael pento of pento portfolios, no idea where you are, and bob pisani on the floor of the new york stock exchange. what did you make, stephanie, of today's market action? you're the trader and follow the short-term swings. what was the message of the market do you think today? >> the message is the market is nothing is really going to change. interest rates will be low for an extended period of time. the fact that they tied the rates to...
197
197
Dec 17, 2012
12/12
by
CNBC
tv
eye 197
favorite 0
quote 0
bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did, bob. we did. got it. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. >>> welcome back. new year bigger house. a survey shows more homeowners are planning to upsize in 2012. our diana olick with the details. >> say they want to either stay in the same sized home or upsize in their next home. no more downsizing. historically you can see homes have been getting bigger since the 1970s. but look at just the last decade. a big spike in home size peaking in 20
bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did, bob. we did. got it. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent,...
203
203
Dec 7, 2012
12/12
by
CNBC
tv
eye 203
favorite 0
quote 0
. >> bob is going to join us with a look at the week's winners and losers. what do we have? >> the important thing is we had a rally going into the close. let's look at the breakdowns. even though we didn't move much on the indices, some of the major sectors did. i'm talking financials. citigroup's announcement about layoffs, not good for them or the employees, but good for the stock. hart ford also up on the week. i know everybody is obsessed with apple. yes, apple is down 9%, but look at dell, hewlett-packard. they turned around. dell bottomed out two weeks ago. now ten and change. same thing with hewlett-packard. let's talk about breakdowns. how about gold stocks? what an ugly year, what an ugly week. still moving down here. gold stocks are not only underperforming the stock market, they're underperforming gold as well. you want to get out of these now. stock of the week, my opinion, i'm going with freeport-mcmoran. there you see the stock for the week. finally, here we are. the major averages, pretty much unchanged. notice that the outperforming the s&p 500. that's becau
. >> bob is going to join us with a look at the week's winners and losers. what do we have? >> the important thing is we had a rally going into the close. let's look at the breakdowns. even though we didn't move much on the indices, some of the major sectors did. i'm talking financials. citigroup's announcement about layoffs, not good for them or the employees, but good for the stock. hart ford also up on the week. i know everybody is obsessed with apple. yes, apple is down 9%, but...
189
189
Dec 18, 2012
12/12
by
CNBC
tv
eye 189
favorite 0
quote 0
. >> all right, bob. thank you so much. bob pisani. so is high frequency trading ruining the markets? my next guest says absolutely, especially for the millions of individuals out there. a senate panel checking for computer-driven irregularities. take a look at what needs to happen to have the market a fair game for everybody. also ahead, dirty details revealed. walmart reportedly in another bribery scandal in mexico. are they the only company in your portfolio that should be looked at for bribery or not? let's hear what ken langone has to say about that having done business all over the world. back in a minute. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just commo
. >> all right, bob. thank you so much. bob pisani. so is high frequency trading ruining the markets? my next guest says absolutely, especially for the millions of individuals out there. a senate panel checking for computer-driven irregularities. take a look at what needs to happen to have the market a fair game for everybody. also ahead, dirty details revealed. walmart reportedly in another bribery scandal in mexico. are they the only company in your portfolio that should be looked at...
156
156
Dec 19, 2012
12/12
by
CNBC
tv
eye 156
favorite 0
quote 0
. >> reporter: as bob pisani just mentioned the discussion today is about that plan "b" that speaker boehner is offering to only raise taxes on million dollar incomes and do nothing on spending cuts until next year. the president came out into the white house briefing room said, and after talking about gun control made the argument in response to questions that they have narrowed their differences too much to walk away from negotiations now. >> i've said i'm willing to make some cuts what. separates is probably a few hundred billion dollars. the idea that we would put our economy at risk because you can't bridge that gap doesn't make a lot of sense. >> that wasn't persuasive at least publicly to house speaker boehner who faces a lot of resistance to his caucus on million dollar incomes or 400,000 or 250,000 income. he could pass plan "b" and put the ball right back in the president's lap. >> tomorrow the house will pass legislation to make permanent tax relief for nearly every american, 99.81% of the american people. then the president will have a decision to make. he can call on sen
. >> reporter: as bob pisani just mentioned the discussion today is about that plan "b" that speaker boehner is offering to only raise taxes on million dollar incomes and do nothing on spending cuts until next year. the president came out into the white house briefing room said, and after talking about gun control made the argument in response to questions that they have narrowed their differences too much to walk away from negotiations now. >> i've said i'm willing to...
86
86
Dec 27, 2012
12/12
by
FBC
tv
eye 86
favorite 0
quote 0
that is one of the hallmarks of the uso all the way back to bob hope and so on but you still get a lot of entertainers today, don't you, who love to entertain the troops? >> we do about 500 performances and events with celebrities every year in locations all over the year of the as you mentioned i just returned from afghanistan, annual holiday tour with the chairman of the joint chiefs of staff and stayed behind to visit uso centers and small forward operating bases to visit with our troops. ashley: terrific. thank you for your work, sloane gibson, uso ceo, continued success with your program, helping heroes work and thank you for joining us. >> thank you. ashley: the closing bell ringing in about 38 minutes or there abouts. talk about a contrarian play, coal stocks, yeah, they have been taking a beating. alpha natural resources down about 50% this year but a top analyst on wall street says, buy them right now and put them in your stocking for the new year. coal stocks on the bargain counter with mike of stern af. he is coming up next a fox business exclusive. ♪ . ashley: oil prices
that is one of the hallmarks of the uso all the way back to bob hope and so on but you still get a lot of entertainers today, don't you, who love to entertain the troops? >> we do about 500 performances and events with celebrities every year in locations all over the year of the as you mentioned i just returned from afghanistan, annual holiday tour with the chairman of the joint chiefs of staff and stayed behind to visit uso centers and small forward operating bases to visit with our...
198
198
Dec 13, 2012
12/12
by
CNBC
tv
eye 198
favorite 0
quote 0
>> market down 74 and right over to bob pisani we go. ? >> maria, take a look at the dow industrials. the fiscal cliff smacks around the stock market today. did rise out. word got out that we have a meeting at 5:00 p.m. between representative boehner and president obama, but bear in mind here we sold off yesterday on the news announcement of additional treasury purchases, and a large part of the decline on the day is the sell on the news from the fed announcement. two issue, fed and, of course, fiscal cliff moving stocks here. take a look at the major sector, dollars reversed the declines of yesterday. energy, tech, materials, all down. volatility, everybody is waiting for it, but the vix does not move at all. just a modest move again today. the fiscal cliff looks like it's going to be resolved. that's what the vix is saying, and the fed's actions are not going to create volatility, even additional futures contracts in the vix are not higher in the last several weeks here. we did have a spike in bond yields yesterday. some good very excite
>> market down 74 and right over to bob pisani we go. ? >> maria, take a look at the dow industrials. the fiscal cliff smacks around the stock market today. did rise out. word got out that we have a meeting at 5:00 p.m. between representative boehner and president obama, but bear in mind here we sold off yesterday on the news announcement of additional treasury purchases, and a large part of the decline on the day is the sell on the news from the fed announcement. two issue, fed...
278
278
Dec 21, 2012
12/12
by
CNBC
tv
eye 278
favorite 0
quote 1
. >> and you, as well, bob. thank you so much. >>> fiscal cliff concerns slamming stocks through the day with just ten days remaining to make a deal and avoid tax increases and springent spending cuts. house speaker john boehner says talks will continue. republicans said they would oppose it if it came to a vote. that includes our next guest, congressman mick mulvaney, republican from south carolina joins me now from capitol hill. sir, good to have you on the program. thanks for joining us. >> thank you very much for having me. >> if a deal is not struck by december 31st. taxes will go up on everybody. would you rather go over the cliff than go over the cliff? >> honestly, i don't think the two things are linked. if we had voted for plan b last night, no one is able to convince me it would have worked. the president said he would veto it. i don't know why we don't take those folks at their word. you think you would have seen a different outcome last night if the senate had approved what we were looking at. we we
. >> and you, as well, bob. thank you so much. >>> fiscal cliff concerns slamming stocks through the day with just ten days remaining to make a deal and avoid tax increases and springent spending cuts. house speaker john boehner says talks will continue. republicans said they would oppose it if it came to a vote. that includes our next guest, congressman mick mulvaney, republican from south carolina joins me now from capitol hill. sir, good to have you on the program. thanks for...